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1938 Packard

By 1938 Packard
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1938 Packard Monster Mutant

1938 Packard

Posted
Posted

First time in more than fifteen years, shopping with an in store credit card.  First bill came in at over $400.  Couldn't beat the interest terms - 0% for six months when the balance is paid in full within that time.  Minimum monthly payments won't clear the balance on time.

Puh... I just paid it all off in one shot.

Great pendant, by the way.

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Clu Centurion

Clu

Posted
Posted
1 minute ago, 1938 Packard said:

First time in more than fifteen years, shopping with an in store credit card.  First bill came in at over $400.  Couldn't beat the interest terms - 0% for six months when the balance is paid in full within that time.  Minimum monthly payments won't clear the balance on time.

Puh... I just paid it all off in one shot.

Great pendant, by the way.

The fact that you need to use credit for $400 says a lot about your baller status pimpin.

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1938 Packard Monster Mutant

1938 Packard

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Posted
6 minutes ago, Clu said:

The fact that you need to use credit for $400 says a lot about your baller status pimpin.

Who said I "needed" to?  Didn't you get the part about my paying it all off in a single shot?  This is just part of how I keep my credit score in range for a house purchase.  Paying cash for the pendant wouldn't do that for me.

Clu Centurion

Clu

Posted
Posted

Nope. So credit is defined as your ability to pay debt over a period of time, not paying it all off in the same bill period. You think credit card companies lose? Nope. You hurt your credit by paying it all off actually, much like paying a car off earlier than the agreed upon terms. See? You're a janitor... I'm a banker, a successful one.

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1938 Packard Monster Mutant

1938 Packard

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Posted
Just now, Clu said:

Nope. So credit is defined as your ability to pay debt over a period of time, not paying it all off in the same bill period. You think credit card companies lose? Nope. You hurt your credit by paying it all off actually, much like paying a car off earlier than the agreed upon terms. See? You're a janitor... I'm a banker, a successful one.

Then, why is my credit score over 800 right now?  I read my reports often.   I keep my cards zeroed out most of the time and the reports only reflect "high balance", meaning the highest ever owed on a single card.  It doesn't reflect how I paid it.

Clu Centurion

Clu

Posted
Posted
38 minutes ago, 1938 Packard said:

Then, why is my credit score over 800 right now?  I read my reports often.   I keep my cards zeroed out most of the time and the reports only reflect "high balance", meaning the highest ever owed on a single card.  It doesn't reflect how I paid it.

Post your score from all three bureaus

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tsar4 Monster Mutant

tsar4

Posted
Posted
58 minutes ago, Clu said:

Nope. So credit is defined as your ability to pay debt over a period of time, not paying it all off in the same bill period. You think credit card companies lose? Nope. You hurt your credit by paying it all off actually, much like paying a car off earlier than the agreed upon terms. See? You're a janitor... I'm a banker, a successful one.

Sorry to disagree, but that's incorrect.  Lots of factors go into your credit score and paying off an amount "over time" isn't one of them.  The number of, age of and use of open lines of credit, paying off your bills on time (not over time), Liens, civil judgements, bankruptcies, and "Hard Inquiries" are what affect your score. 

scoobdog Monster Mutant

scoobdog

Posted
Posted
2 minutes ago, 1938 Packard said:

Soliciting social security numbers and shit like that, now?

You worried I'm going to steal from your broke ass?

Clu Centurion

Clu

Posted
Posted
3 minutes ago, tsar4 said:

Sorry to disagree, but that's incorrect.  Lots of factors go into your credit score and paying off an amount "over time" isn't one of them.  The number of, age of and use of open lines of credit, paying off your bills on time (not over time), Liens, civil judgements, bankruptcies, and "Hard Inquiries" are what affect your score. 

With credit cards Mr wizard.... "Credit" is your ability to pay back over agreed upon terms... Not credit score.

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1938 Packard Monster Mutant

1938 Packard

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Posted
6 minutes ago, tsar4 said:

Sorry to disagree, but that's incorrect.  Lots of factors go into your credit score and paying off an amount "over time" isn't one of them.  The number of, age of and use of open lines of credit, paying off your bills on time (not over time), Liens, civil judgements, bankruptcies, and "Hard Inquiries" are what affect your score. 

Also, any outstanding balances from non credit sources could wreck scores as well.  Like, if you don't pay your medical bills or let utility bills pile up and compound over several months.

tsar4 Monster Mutant

tsar4

Posted
Posted
4 minutes ago, Clu said:

With credit cards Mr wizard.... "Credit" is your ability to pay back over agreed upon terms... Not credit score.

Credit score as determined by said credit cards is used by banks and credit companies to determine a person's credit-worthiness.  The OP was about a credit card and the inference was that such a credit card purchase would not help.  Were that true, I would never have been able to purchase 2 of my past vehicles, my previous condo or the house I currently live in.

Ginguy Freakin Mutant

Ginguy

Posted
Posted (edited)

Let me get this straight Packard, you bought a wankster chain guaranteed to turn your neck green for $400 and are now dispensing financial advice to a banker.... 

I want to confirm that is what I am seeing.

Edited by Ginguy
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scoobdog Monster Mutant

scoobdog

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Posted
9 minutes ago, 1938 Packard said:

How am I broke?  Buying this pendant didn't stop any other financial dealings.

You ain't got shit:

Let me just rattle this off:  you live in an run down apartment, you get paid shit wages, you don't have a car.

You're fucking broke.

Now let's see that score.

1938 Packard Monster Mutant

1938 Packard

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Posted
1 minute ago, scoobdog said:

You ain't got shit:

Let me just rattle this off:  you live in an run down apartment, you get paid shit wages, you don't have a car.

You're fucking broke.

Now let's see that score.

How about the house?  Don't forget that. It was my credit that got it.

scoobdog Monster Mutant

scoobdog

Posted
Posted
2 minutes ago, 1938 Packard said:

How about the house?  Don't forget that. It was my credit that got it.

What house?  You mean the one your brother is paying for through you?

1938 Packard Monster Mutant

1938 Packard

Posted
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Posted
4 minutes ago, Ginguy said:

Let me get this straight Packard, you bought a wankster chain guaranteed to turn your neck green for $400 and are now dispensing financial advice to a banker.... 

I want to confirm that is what I am seeing.

Any appraiser would say it's not a green neck.  Besides, even if they did try to cheat, the certificate they gave me entitles me to a refund, enforceable in small claims court.

1938 Packard Monster Mutant

1938 Packard

Posted
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Posted
4 minutes ago, scoobdog said:

That's not how this works, shit for brains.  Lets see some proof you got this impossibly amazing credit score.

I'm not going to give you my SS number.

scoobdog Monster Mutant

scoobdog

Posted
Posted
18 minutes ago, 1938 Packard said:

I'm not going to give you my SS number.

You can't Sharpie it out? You did for those faked plane ticket stubs.

1938 Packard Monster Mutant

1938 Packard

Posted
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Posted
Just now, Noboru Yamaguchi said:

Not adept with paint......The program, not the chips.

It doesn't matter anyway... I could sit in his living room, use his computer to download and print it in front of him and he would still not believe it.

scoobdog Monster Mutant

scoobdog

Posted
Posted
2 minutes ago, 1938 Packard said:

It doesn't matter anyway... I could sit in his living room, use his computer to download and print it in front of him and he would still not believe it.

You think so?  That must be because it's not true, right?  Your credit score is total shit isn't it?

André Toulon Monster Mutant

André Toulon

Posted
Posted
45 minutes ago, 1938 Packard said:

It doesn't matter anyway... I could sit in his living room, use his computer to download and print it in front of him and he would still not believe it.

Sure, sure

André Toulon Monster Mutant

André Toulon

Posted
Posted (edited)
11 minutes ago, 1938 Packard said:

One remembers it?  Who was that?

Why would we believe you remember posting anything when you can't even remember which poster you were talking to.

Edited by Noboru Yamaguchi
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1938 Packard Monster Mutant

1938 Packard

Posted
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Posted
6 minutes ago, Noboru Yamaguchi said:

Why would we believe you remember posting anything when you can't even remember which poster you were talking to.

Because you keep changing names, Buddy.

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